Senate committee substitute makes the following changes to the 1st edition.

Adds part titles to the bill. 

Enacts new GS 120-36.19, North Carolina Accountability Report, requiring the Program Evaluation Division (PED) of the NC General Assembly to create and maintain the NC Accountability Report and ensure it is published in a publicly available Web-based format.  Provides that the report will list the programs in each state department or agency and a profile of each program. Sets out what the profile must include, such as why the program exists and how it is funded. Requires the profiles to include an accountability rating based on compliance with standards from the Taxpayer Investment Accountability Board.

Amends GS 120-36.12 to make conforming changes to the list of powers and duties of the PED concerning the creation and maintenance of the NC Accountability Report.

Requires the PED to complete the initial NC Accountability Report no later than July 1, 2018. 

Directs the Governor to include the accountability ratings for each program as well as a list of programs in the Governor's Recommended Budget for the 2019-20 biennium.

Amends the effective date provisions, providing that Sections 4, 5, 6, and 7 (the new provisions above) become effective July 1, 2015, with the remainder of the at becoming effective July 1, 2016, except as otherwise provided.